Anant Gupta elevated as HCL Tech CEO

India’s fourth largest software services company HCL Technologies on Thursday announced the appointment of Anant Gupta as its new CEO, replacing industry veteran Vineet Nayar.

Mr Gupta was earlier serving as the president and Chief Operating Officer.

Mr Nayar, meanwhile, will continue as the Vice Chairman and Joint Managing Director of the company till July 2013 and Vice Chairman thereafter.

“Vineet Nayar continues to mentor our leadership. He will be involved in key client relationships, a role he has been playing for the last six months,” Mr Gupta, who continues to hold the position of company president, told reporters in New Delhi.